New LeBron James’ X Sneakers Hit $315 Price Tag

Nike’s basketball division saw a 17% increase (pdf) in year-over-year revenue from May 2011 to May 2012. Nike footwear in North America saw a 15% increase in revenue in that same period. In addition to those increases, we’ve seen high-profile specialty shoes like the Air Yeezy II’s sell out in minutes despite their high sticker price.

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